Evergrande Says No Special Dividend

The video discusses Evergrande's recent meeting outcomes, financial challenges, and potential funding sources. The company considered options like cash dividends and issuing shares but faced financial difficulties, including a credit rating downgrade by S&P. Evergrande is exploring asset sales and listing its tourism and bottled water businesses to raise funds and manage debt.

What was one of the options considered by Evergrande's board that seemed unlikely?

• Issuing a cash special dividend

• Merging with another company

• Launching a new product line

• Expanding into new markets

What was the impact of S&P Global Ratings' action on Evergrande?

• It led to an increase in Evergrande's stock price

• It had no effect on Evergrande

• It improved Evergrande's credit rating

• It downgraded Evergrande's credit rating

What issue did Evergrande face with banks in Hong Kong?

• Banks demanded immediate repayment of all loans

• Banks increased interest rates on loans

• Banks offered new loans at lower rates

• Banks refused to lend mortgages for unfinished properties

Which businesses is Evergrande trying to list to raise funds?

• Retail and fashion businesses

• Tourism and bottled water businesses

• Real estate and technology businesses

• Automobile and healthcare businesses

What is a side effect of Evergrande selling properties at discounted rates?

• Higher customer satisfaction

• Reduced profit margins

• Improved brand reputation

• Increased profit margins